Amazon Q3 misses on retail revenue as AI spending eclipses fastest AWS growth in five years, shares sink
Amazon's retail segment lagged while heavy AI capex overshadowed cloud growth, pressuring the stock and prompting analyst target cuts.
Reuters · +13 outlets
DoorDash to buy Instacart for $17B, consolidating major retail delivery players
The deal merges two of the largest grocery and retail delivery platforms, reshaping the US delivery market.
Retaildive · +9 outlets
FTC orders Walmart, Target, Uber, Delta and others to hand over data in personalized pricing inquiry
The agency is examining how personal data, including from loyalty programs, may be used to alter prices for consumers.
Retaildive · +12 outlets
Amazon wins FCC approval for $11.5B Globalstar acquisition
The approval advances Amazon's satellite ambitions, adding spectrum and infrastructure to its connectivity plans.
https://tech-insider.org/ · +6 outlets
Amazon reaffirms 2026 satellite service debut as ASTS, RKLB, SPCX slide on competitive threat
Amazon's Leo satellite plans are being framed as a direct challenge to Starlink, weighing on space stocks.
Yahoo Finance · +4 outlets
Dine Brands fights acquisition attempt with poison pill
The Applebee's and IHOP owner adopted a defensive measure after receiving a buyout bid from Cobblers and Arkhouse.
Restaurantdive · +3 outlets
Wendy's evaluating $1.4B buyout offer from Trian-led investor group
An independent committee is weighing the unsolicited proposal, which the investors say would let the chain focus on long-term profitability.
Restaurantdive · +4 outlets
Restaurant Brands International posts 8.4% US sales growth as Burger King and Popeyes diverge
Burger King's momentum continued while Popeyes' value and wing cuts dragged sales, and overall Q3 revenue missed expectations.
Restaurantdive · +7 outlets
Puma sales and slashed inventory convince investors as Anta partnership advances
The sportswear maker's inventory reduction and progress with Anta reassured investors amid a turnaround effort.
Reuters · +3 outlets
Carvana Q3 net income surges 84% to $483M as retail sales hit record 217,385 units
The online used-car retailer posted record revenue above $8B and said it is building capacity to scale to 3 million vehicle sales.
BigGo Finance · +2 outlets
UK retail sales jump in October as colder weather drives winter wardrobe purchases
Online sales helped October deliver the strongest growth since January 2025, though fashion shoppers remain cautious.
TheIndustry.fashion · +4 outlets
Japan September retail sales rise 2.3% y/y, slowing to a three-month low and missing forecasts
Retail sales rose for a seventh straight month but fell 0.7% month on month, undershooting expectations ahead of the Bank of Japan meeting.
TradingView · +6 outlets
South Korea September industrial output hits 15-year high on chips; retail sales and investment also rise
Chip-driven industrial output surged while retail sales rebounded 3.6%, supporting the broader growth picture.
The Korea Herald · +14 outlets
Hershey warns rising living costs may spook Halloween shoppers
The confectioner flagged consumer financial stress as a risk to Halloween-season candy sales.
Reuters · +9 outlets
Amazon CEO Jassy says investors are 'sleeping a bit' on retail, predicts $2T revenue within a decade
Jassy argued Amazon could have two $1 trillion businesses in a decade, pushing back on investor skepticism about the retail segment.
Benzinga · +4 outlets
Amazon CEO says shopping agents like Meta's Muse are 'not great'
Jassy's comments signal skepticism about third-party AI shopping assistants in e-commerce discovery.
Fortune · +3 outlets
Amazon says more than 400M customers used Alexa for Shopping in the past 12 months
The figure underscores Amazon's push to embed voice and AI assistants into shopping behavior.
Modern Retail
Spain retail sales fall 1.4% y/y in September, third straight monthly decline
Spanish retail sales continued to contract, reflecting softer consumer demand in the euro area.
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